NOT LISTED FOR SALE

8627 S Colfax Ave Chicago, IL 60617

South Chicago Neighborhood

Estimated Value: $131,000 - $263,000

4 Beds
2 Baths
2,232 Sq Ft
$90/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2024

Last sale price $228,764 $102 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,248 / mo

62 Days on Market

Highlights

  • 0.25 Acre Lot
  • Central Air
  • Heating System Uses Steam
  • 1-Story Property

About This Home

As of June 2024

Sellers has put a lot of effort into renovating, this beautiful home and preparing the home for sale . Home has new kitchen cabinets, quartz counter tops,new appliances,and the number of bedrooms and bathrooms are very attractive for a buyer looking for a lot space in a home. Additionally the seller is willing for the right offer to pay some closing cost.

Last Agent to Sell the Property

Ernestina Preciado

RE/MAX 10 License #475147360 Listed on: 03/08/2024

RE/MAX 10

Co-Listed By

Kassandra Yousef

RE/MAX 10 License #475192349

Last Buyer's Agent

Elizabeth Quintero

@properties Christie's International Real Estate License #475200245

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $719

Year Renovated

  • 2024

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 35x125

Home Design

  • Frame Construction

Interior Spaces

  • 2,232 Sq Ft Home
  • 1-Story Property
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Potential Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Side Driveway
  • Parking Included in Price

Utilities

  • Central Air
  • Heating System Uses Steam
  • Radiant Heating System

Community Details

  • Capecode

Home Details

Home Type

Single Family

Est. Annual Taxes

$719

Year Renovated

2024

Lot Details

0.25 Acres

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Basement: Full, English
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 2232
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 2232
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Total Sq Ft: 2232

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • OpenParkingSpaces: 4
  • ParkingTotal: 4
  • Driveway: Side Drive
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Steam, Radiant
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 35X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 718.92
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Jun 14, 2024
Sold by
Bought by
Seller's Agent
Ernestina Preciado
RE/MAX 10
Buyer's Agent
Elizabeth Quintero
@properties Christie's International Real Estate
List Price
$229,900
Sold Price
$228,764
Premium/Discount to List
-$1,136
-0.49%
Views
30
Current Estimated Value
$209,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,766
Avg. Annual Appreciation
-6.20%
Original Mortgage
$183,011
Interest Rate
0.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 29, 2023
Closed on
Feb 8, 2024
Sold by
Bought by
Seller's Agent
Michael Olszewski
Area Wide Realty
Buyer's Agent
Ernestina Preciado
RE/MAX 10
List Price
$99,900
Sold Price
$110,000
Premium/Discount to List
$10,100
10.11%
Views
181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
961.18%

Purchase Details

Closed on
May 9, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,450
Interest Rate
0.042%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 19, 2018
Closed on
Dec 13, 2018
Sold by
Bought by
Seller's Agent
Rory Wilfong
HomeSmart Realty Group
Buyer's Agent
Tavo Rubalcava
eXp Realty
List Price
$65,000
Sold Price
$42,000
Premium/Discount to List
-$23,000
-35.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.03%

Purchase Details

Closed on
Oct 2, 2013
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$229,000 None Listed On Document
$110,000 None Listed On Document
$89,000 None Available
$41,000 Attorney
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $183,011
Closed $138,450
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2024 06/14/24 Sold $228,764 -0.5% $102 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $229,900 +0.5% $103 / Sq Ft
05/09/2024 05/09/24 Off Market $228,764 -- --
05/06/2024 05/06/24 Pending -- -- --
04/18/2024 04/18/24 Price Changed $229,900 -4.2% $103 / Sq Ft
03/08/2024 03/08/24 For Sale $239,900 +118.1% $107 / Sq Ft
02/21/2024 02/21/24 Sold $110,000 +10.1% $99 / Sq Ft View Prior Sale
01/24/2024 01/24/24 Pending -- -- --
12/29/2023 12/29/23 For Sale $99,900 +137.9% $90 / Sq Ft
12/28/2018 12/28/18 Sold $42,000 -20.0% $27 / Sq Ft View Prior Sale
11/19/2018 11/19/18 Pending -- -- --
11/08/2018 11/08/18 Price Changed $52,500 -4.5% $33 / Sq Ft
09/27/2018 09/27/18 Price Changed $55,000 -4.3% $35 / Sq Ft
09/15/2018 09/15/18 Price Changed $57,500 -10.9% $36 / Sq Ft
07/30/2018 07/30/18 Price Changed $64,500 -0.8% $41 / Sq Ft
07/19/2018 07/19/18 For Sale $65,000 -- $41 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,371 $9,283 $4,996 $4,287
2024 $1,371 $9,283 $4,996 $4,287
2023 $1,337 $6,500 $4,375 $2,125
2022 $1,337 $6,500 $4,375 $2,125
2021 $1,307 $6,500 $4,375 $2,125
2020 $2,103 $9,440 $4,375 $5,065
2019 $2,107 $10,489 $4,375 $6,114
2018 $2,072 $10,489 $4,375 $6,114
2017 $2,143 $9,954 $3,937 $6,017
2016 $307 $9,954 $3,937 $6,017
2015 $295 $9,954 $3,937 $6,017
2014 $292 $8,432 $3,062 $5,370
2013 $294 $8,432 $3,062 $5,370
Source: Public Records

Agents Affiliated with this Home

  • Ernestina Preciado

    Seller's Agent in 2024

    Ernestina Preciado

    RE/MAX

    (630) 235-3216

    2 in this area

    172 Total Sales

    Ernestina Preciado
    Section Image
  • Michael Olszewski

    Seller's Agent in 2024

    Michael Olszewski

    Area Wide Realty

    (708) 220-1791

    16 in this area

    585 Total Sales

    Michael Olszewski
    Section Image
  • Kassandra Yousef

    Seller Co-Listing Agent in 2024

    Kassandra Yousef

    RE/MAX

    (708) 203-3308

    1 in this area

    51 Total Sales

    Kassandra Yousef
    Section Image

  • E

    Buyer's Agent in 2024

    Elizabeth Quintero

    @ Properties

    (312) 391-8633

    7 in this area

    64 Total Sales

    Elizabeth Quintero
    Section Image

  • R

    Seller's Agent in 2018

    Rory Wilfong

    HomeSmart Realty Group

  • Tavo Rubalcava

    Buyer's Agent in 2018

    Tavo Rubalcava

    eXp Realty

    (708) 491-9431

    1 in this area

    146 Total Sales

    Tavo Rubalcava
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11999667

Midwest Real Estate Data (MRED)

APN: 21-31-328-009-0000

Illinois Cook County Chicago 60617 South Chicago

8627 S Colfax Ave, Chicago, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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